Quote:
Originally Posted by npg
I remember a similar correction about this time last year...
Right now is the riskiest period to invest if you read Ben Grahams books. The markets are at all time highs which is the riskiest of moments.
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Not quite...the DJIA may have been at an all-time high, but the NASDAQ is/was not even close...actually, it was only about halfway there. But the correction/pause (whatever it will be) was coming for a long time.
Now is the time to start looking again for those beat-down stocks...also the time to start looking if you are looking for some deals on the long term ones as well.
I have one that I am absolutely purchasing in the next couple of weeks, but that is a long term investment. Other than that, I am starting to look at some of the ones that I think I missed on their upward swing to see where I might be interested in them again since it has been a while since I have looked closely at the stocks.